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Cable breaks major resistance 1.5060, targets 1.5230

Wednesday, December 16, 2015 7:48 PM UTC

Major resistance - 1.5060
Any break above 1.5060 will take the pair till 1.5100/1.5160/1.5200.
On the downside support is around 1.5000 and break below targets 1.4950/14900 level.Short tern bearish invalidation only above 1.5250 level.

It is good to buy above 1.5060-65 with SL around 1.5000 for the TP of 1.5160/1.5200/1.5230

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Cable breaks major resistance 1.5060, targets 1.5230

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